Raymond James Financial Inc. Takes $21.07 Million Position in SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST)

Raymond James Financial Inc. bought a new stake in shares of SPDR SSgA Ultra Short Term Bond ETF (NYSEARCA:ULST) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 521,314 shares of the company’s stock, valued at approximately $21,066,000.

Several other institutional investors also recently made changes to their positions in the stock. Gradient Investments LLC grew its holdings in SPDR SSgA Ultra Short Term Bond ETF by 2.2% in the 4th quarter. Gradient Investments LLC now owns 1,745,483 shares of the company’s stock worth $70,535,000 after buying an additional 36,987 shares in the last quarter. Avestar Capital LLC grew its holdings in SPDR SSgA Ultra Short Term Bond ETF by 25.6% in the 3rd quarter. Avestar Capital LLC now owns 566,224 shares of the company’s stock worth $23,091,000 after buying an additional 115,246 shares in the last quarter. BIP Wealth LLC grew its holdings in SPDR SSgA Ultra Short Term Bond ETF by 19.6% in the 3rd quarter. BIP Wealth LLC now owns 468,672 shares of the company’s stock worth $19,112,000 after buying an additional 76,726 shares in the last quarter. Ieq Capital LLC bought a new position in SPDR SSgA Ultra Short Term Bond ETF in the 4th quarter worth approximately $10,801,000. Finally, David Kennon Inc grew its holdings in SPDR SSgA Ultra Short Term Bond ETF by 4.3% in the 4th quarter. David Kennon Inc now owns 205,715 shares of the company’s stock worth $8,313,000 after buying an additional 8,487 shares in the last quarter.

SPDR SSgA Ultra Short Term Bond ETF Price Performance

Shares of ULST stock opened at $40.55 on Monday. SPDR SSgA Ultra Short Term Bond ETF has a 12-month low of $40.24 and a 12-month high of $40.84. The business has a 50 day simple moving average of $40.50 and a 200 day simple moving average of $40.54.

SPDR SSgA Ultra Short Term Bond ETF Company Profile

The SPDR SSgA Ultra Short Term Bond ETF (ULST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated fixed-income securities with maturities ranging from 6 to 18 months and durations of 3 to 6 months.